Black Hills Past Earnings Performance
Past criteria checks 3/6
Black Hills has been growing earnings at an average annual rate of 3.7%, while the Integrated Utilities industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 9.8% per year. Black Hills's return on equity is 8.3%, and it has net margins of 11.2%.
Key information
3.7%
Earnings growth rate
0.4%
EPS growth rate
| Integrated Utilities Industry Growth | 8.1% |
| Revenue growth rate | 9.8% |
| Return on equity | 8.3% |
| Net Margin | 11.2% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Black Hills makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,331 | 262 | 4 | 0 |
| 30 Sep 23 | 2,531 | 255 | 3 | 0 |
| 30 Jun 23 | 2,586 | 245 | 5 | 0 |
| 31 Mar 23 | 2,649 | 255 | 0 | 0 |
| 31 Dec 22 | 2,552 | 258 | 0 | 0 |
| 30 Sep 22 | 2,323 | 257 | 0 | 0 |
| 30 Jun 22 | 2,241 | 266 | -4 | 0 |
| 31 Mar 22 | 2,139 | 258 | -1 | 0 |
| 31 Dec 21 | 1,949 | 237 | -1 | 0 |
| 30 Sep 21 | 1,873 | 243 | 0 | 0 |
| 30 Jun 21 | 1,839 | 235 | 6 | 0 |
| 31 Mar 21 | 1,793 | 231 | 3 | 0 |
| 31 Dec 20 | 1,697 | 228 | 3 | 0 |
| 30 Sep 20 | 1,688 | 220 | 4 | 0 |
| 30 Jun 20 | 1,667 | 195 | 3 | 0 |
| 31 Mar 20 | 1,674 | 189 | 2 | 0 |
| 31 Dec 19 | 1,735 | 199 | 0 | 0 |
| 30 Sep 19 | 1,758 | 218 | 3 | 0 |
| 30 Jun 19 | 1,755 | 224 | 3 | 0 |
| 31 Mar 19 | 1,777 | 234 | 3 | 0 |
| 31 Dec 18 | 1,754 | 265 | 3 | 0 |
| 30 Sep 18 | 1,708 | 242 | 0 | 0 |
| 30 Jun 18 | 1,722 | 253 | 0 | 0 |
| 31 Mar 18 | 1,708 | 251 | 0 | 0 |
| 31 Dec 17 | 1,680 | 194 | 0 | 0 |
| 30 Sep 17 | 1,655 | 212 | 0 | 0 |
| 30 Jun 17 | 1,653 | 197 | 0 | 0 |
| 31 Mar 17 | 1,636 | 175 | 0 | 0 |
| 31 Dec 16 | 1,539 | 137 | 0 | 0 |
| 30 Sep 16 | 1,427 | 41 | 0 | 0 |
| 30 Jun 16 | 1,366 | 17 | 0 | 0 |
| 31 Mar 16 | 1,313 | -26 | 0 | 0 |
| 31 Dec 15 | 1,261 | 142 | 0 | 0 |
| 30 Sep 15 | 1,364 | 17 | 0 | 0 |
| 30 Jun 15 | 1,364 | 54 | 0 | 0 |
| 31 Mar 15 | 1,375 | 116 | 0 | 0 |
| 31 Dec 14 | 1,394 | 131 | 0 | 0 |
| 30 Sep 14 | 1,371 | 118 | 0 | 0 |
| 30 Jun 14 | 1,359 | 114 | 0 | 0 |
| 31 Mar 14 | 1,355 | 124 | 0 | 0 |
| 31 Dec 13 | 1,276 | 118 | 0 | 0 |
| 30 Sep 13 | 1,239 | 128 | 0 | 0 |
| 30 Jun 13 | 1,226 | 139 | 0 | 0 |
Quality Earnings: BHI has high quality earnings.
Growing Profit Margin: BHI's current net profit margins (11.2%) are higher than last year (10.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BHI's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: BHI's earnings growth over the past year (1.5%) is below its 5-year average (3.7% per year).
Earnings vs Industry: BHI earnings growth over the past year (1.5%) did not outperform the Integrated Utilities industry 27.3%.
Return on Equity
High ROE: BHI's Return on Equity (8.3%) is considered low.